About This Unit
One bed/one bath, exceptionally located few steps from Lincoln, featuring beautiful hardwood floors,travertine bathrooms nestled in the Monterrey condominium. In the heart of everything: just steps away from stunning beaches and top-notch restaurants. A unique opportunity to experience the city of Miami Beach.
Pricing at Monterrey Condo — $482/sqft
Monterrey Condo Unit 25 is listed at $482/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Monterrey Condo.
Time on Market — 351 days
Monterrey Condo Unit 25 has been on the market for 351 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $219,000. Reduced to $215,000 on Mar 27, 2025 (after 2 days on market) — -1.8% (−$4,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,168
HOA
$535
Property Tax
$234
Total / mo
$1,937
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.31%.
HOA $1.2/sqft · All-in $4.34/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Monterrey Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1938 (88 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: Monterrey Condo
Unit: 25
Year Built: 1938
Stories: 3
City: Miami Beach
Postal Code: 33139
HOA Fee: $535 / Monthly
View: None
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Electric
Days on Market: 351
Listed: March 26, 2025
MLS #: A11771359
Location
Listing courtesy of: Opera REI Inc
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11771359
• Updated Mar 12, 2026